How to purchase brokered CDs with Fidelity - Step by Step

Brokered CDs typically offer a higher rate of interest compared to local banks. Here's step by step instructions on purchasing a brokered CD through Fidelity's fixed income platform.

My professional focus is retirement planning for individuals over age 55. Please visit our website or reach out for a complimentary planning session.

Ted Erhart, CFP®
Financial Planner
Anoka, Minnesota

This has been prepared solely for informational purposes. Information herein is not intended to be complete, and such information is qualified in its entirety. This is not an offering or the solicitation of an offer to purchase an interest in any fund, and it is not an offer to buy or sell or a solicitation of an offer to buy or sell any security. Nothing herein should be construed as investment advice, an opinion regarding the appropriateness or suitability of any investment, on an investment recommendation. No representation is made that the objectives or goals of any investment or strategy will be met or that an investment or strategy will be profitable or will not incur losses. Past performance is no guarantee of future results. Reliable methods were used to obtain information for this presentation but the information herein cannot be guaranteed for accuracy or reliability; the information in this presentation may be out of date or inaccurate. The information contained in this summary is and may not be distributed without permission.

[skoopqueen]

Big ups to everyone working effortlessly trying to earn a living while building wealth. I’m 65 and my husband 68 we are both retired with over $3 million in net worth, with a maximized fdic insurance and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income

[dougmurray]

Great video as a refresher for something I don't do too often. Thanks!

[tonygarner]

Can you do a video on buying IntraFi network CDs, and if the option is available thru Fidelity?

[Roy]

Thanks, this is exactly what I was looking for. I did subscribed to your channel.

[deanfranz]

Thanks for showing how to do this! This is very useful! 👍

[mr.j]

When you "auto roll" does it buy the next CD at the same bank?

[matthewcanavan]

What specific account do i need to open to buy cd's

[lauralee]

I currently have 2 CDs in my fidelity ROTH IRA. When I look at my positions why does the rate change daily on the CDs? Does that affect how much I get at maturity?

[lisagesser]

Does the order have a transaction fee through Fidelity?

[johngalv]

Are there any fees or cost for the purchase? Fidelity must make a commission on the sale?

[alphamale]

Great! Can you do one on buying T-Bills at Fidelity? The auction process is a little confusing to me.

[JJ-zyzv]

very well spoken and informative thank you sir

[egrnhl]

Will I have less money since interest is not compounded in a brokered cd versus a bank cd? How do interest payment work for brokered cds?

[pinkpear]

Thank you 🙏 does fidelity charge a fee to purchase these

[FlaThunderstorm]

When you hit Purchase what then happens? What are the options for how to pay? Thank You.

[jsteve]

Is the cash/interest deposited into account once at maturity or monthly?

[MVTFAMILY]

What are SFP and SO in attributions? Could not find it anywhere. Thanks

[Retire-mu]

What happens to my brokered cd via Fidelity if I die ?

[Kusa]

How to redeem CD on Fidelity when its maturity?

[DoronBond]

So a $1000 3mo CD @ 4.6% equates to how much exactly? Thanks.